Headquartered in Bala Cynwyd, PA Fiscal year ends December NYSE: GBLI gbli.com
Global Indemnity Group, LLC (Nasdaq: GBLI) is a holding company owning a portfolio of property and casualty insurance-related operating companies, organized in three groups.
Katalyx Holdings LLC includes four agencies that source, underwrite and service primary and assumed reinsurance business:
- Penn-America Insurance Services (wholesale commercial)
- Valyn Re (assumed E&S reinsurance)
- J.H. Ferguson & Associates, including Vacant Express (vacant property coverage)
- Collectibles Insurance Services
Katalyx also owns two insurance service businesses: Sayata, an AI-enabled digital marketplace and agency for small commercial insurance, and Liberty Insurance Adjustment Agency, which handles claims adjusting.
Belmont Holdings GX, Inc. comprises five statutory carriers, each rated 'A' (Excellent) by AM Best: Penn-America Insurance Company, United National Insurance Company, Penn-Patriot Insurance Company, Diamond State Insurance Company and Penn-Star Insurance Company. Belmont Core writes Wholesale Commercial, Vacant Express, Collectibles, Specialty Products and Assumed E&S Reinsurance business.
Kaleidoscope Insurance Technologies builds the company's proprietary AI-enabled underwriting, policy and data platform. It serves Katalyx agencies, agency partners and the Belmont carriers.
The company carries no debt and holds an investment portfolio of roughly $1.36 billion of net cash and invested assets, primarily fixed maturities with AA- average credit quality. Jessica E. Buss became CEO in November 2026. Updated
Holding the line on price while rivals cut property rates cost Global Indemnity volume: wholesale commercial premiums fell 8.6%, missing both EPS and revenue expectations. New CEO Jessica Buss is betting on a five-year expansion of the Katalyx distribution platform to fix it, with little cushion in the meantime.
Republic Bancorp leads today's payouts, sending shareholders about $8.7 million at 49.5 cents a share, with the cash arriving October 16. Four more companies follow, paying between 12 and 35 cents a share.
Global Indemnity Group, LLC (Nasdaq: GBLI) is a holding company owning a portfolio of property and casualty insurance-related operating companies, organized in three groups.
The Wall Street consensus 12-month price target for GBLI is $49.00.